Issues which Tenants Should Consider Before Entering into a Property Rental Agreement in Thailand
Before a tenant/lessee enters into a property rental agreement (lease agreement) in Thailand with a landlord/lessor they should be mindful of several key matters in order to safeguard their legal interests. This article shall discuss some of the most important issues which lessee’s should consider before signing a lease agreement, including lease registration at the Land Department, lessee & lessor rights and responsibilities under the Civil and Commercial Code (CCC) and what practical steps a lessee can take to better protect their rights. Notification of the Contract Committee Re: The Stipulation of Residential Property Leasing as a Contract-Controlled Business B.E. 2562 In accordance with this Notification, if the lessor of the property runs a “residential property leasing business” which is defined as “a business that leases (or subleases) five units of property or more to individual lessees, for residential […]